Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• DRIVE-IN WINDOW - a teller's window situated so as to permit a motorist to transact business without le...
  
  
• DRIVER RATE - A market interest rate used in simulation modeling to affect interest rates for other ins...
  
  
• DROP - The difference between the prices in a dollar roll on the two settlement dates. The drop is expr...
  
  
• DROP DEAD AGREEMENT - See forbearance agreement.
  
  
• DROP LOCK - The fixing of the interest rate on a floating-rate note or preferred stock if it falls to a...
  
  
• DROP SHIP - where the seller/retailer of a product ships the product directly from the manufacturer to ...
  
  
• DROP, THE - In a dollar roll transaction, the difference between the sale price of a mortgage-backed pa...
  
  
• DROP-DEAD DAY - The date on which a deadline is final, with no exceptions.
  
  
• DROP-DEAD FEE - A term of British origin referring to fee that must be paid if a deal falls through bec...
  
  
• DRP - See: Dividend Reinvestment Plan